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China’s Central Bank Accelerates R&D of its Legal Digital Currency

China’s Central Bank Accelerates R&D of its Legal Digital Currency

People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.

Central Bank Digital Currency (CBDC) Race:  2020 Year in Review

Central Bank Digital Currency (CBDC) Race: 2020 Year in Review

As 2020 comes to a close, we take a look back at the most important developments regarding the pursuit of Central Bank Digital Currencies (CBDC).

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

Bank of England is Considering Developing a Central Bank Digital Currency Amid Surge in Crypto Popularity

The Bank of England has confirmed it is considering the development of its central bank digital currency (CBDC). The confirmation was made by the governor of the bank Andrew Bailey in a webinar session with college students.

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Canada’s Central Bank Digital Currency Won't Include Zero-Knowledge-Proofs

Bank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).

Philippines Central Bank Considering Issuing its own CBDC

Philippines Central Bank Considering Issuing its own CBDC

The Central Bank of the Philippines has inaugurated a committee to understudy CBDCs based on technical feasibility and policy implications

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s central bank recently announced that it has launched a pilot program assessing the issuance of a central bank digital currency (CBDC). The Bank of Korea has stated that there are no immediate plans to launch a CBDC, however, the pilot program will allow the central bank to be prepared in the future if the changing market conditions require its issuance.

China’s Central Bank Rolling Out DCEP National Currency, While Saying ‘Libra Won’t Succeed'

China’s Central Bank Rolling Out DCEP National Currency, While Saying ‘Libra Won’t Succeed'

China has been reportedly developing its central bank-issued digital currency for a while and is believed to be ready to launch by China’s central bank, People’s Bank of China (PBoC).

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